Base Pay


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Base Pay

The salary one earns to which one may add through good job performance. For example, a company may hire a sales representative with a low base pay plus a commission on each sale made. Base pay allows an employee to continue to make a living during slow times, but generally is low enough to incentivize performance.
References in periodicals archive ?
'Pwede natin sabihing 5% ng base pay. Huwag ang take-home pay kasi kung sinama mo ang commission sa pork barrel napakalaki noon.
Gregorio Honasan II co-authored the Senate Joint Resolution authorizing the increase in the base pay of military and uniformed personnel in the government, and for other purposes.
However, the indexation of pensions to the current base pay scale was suspended in 2018 under the same JR, which states that 'pending the review of the current MUP pension system by the Legislative and Executive branches of the government xxx the indexation of the pension of retired MUP with the base pay of those in the active service shall be suspended with respect to the base pay increase authorized in this JR.'
"To avoid legal confusion, we will remedy this by pushing for a new measure that will give just compensation to our state nurses and increase their minimum base pay to Salary Grade 15," he added.
The average bonus amount for women was less than two-thirds of the amount paid to men who had equivalent base pay, age, and tenure.
Failing to meet the mandatory disclosure duty may cost companies a fine of up to Pound 33,193.91 while companies will face a fine of up to Pound 100,000 if they do not give the recruited employee the disclosed minimum base pay.The new duty does not apply to public administration posts since wages are set based on tariff tables.
A sergeant and a petty officer III will all have a monthly base pay of P31,484 while a staff sergeant, fire or jail officer III, police officer III and petty officer II will get P32,114 by January 1 of this year.
And Lidl has already upped its base pay to PS8.45 an hour, and PS9.75 in London.
on one month's base pay for each year of the first five years of service, using the average pay for the last five years; and
BP is freezing base pay across the group this year, the latest in a series of steps by oil majors to cut costs in response to sinking oil prices.
"Some students rejected international offers including those with over $125,000 per annum as base pay this year opting to accept offers from either the company's counterparts in India or other firms with domestic offers on campus," it said.
If the amount paid is equal to or greater than one day's gross base pay the Underpayment will be rectified within three working days; If the amount is less than one day's gross base pay it will be rectified by no later than the next normal pay However if the employee can demonstrate that rectification in this manner would result in undue hardship every effort will be made by the employer to rectify the underpayment within three working days.